Latin America Could Turn to Russia, China in Wake of Trade Split With US

The governments of some Latin American countries have signaled that they are ready to “break their dependence” on the United States; Russia and China could play a key role in the region, Venezuelan political analyst Ernesto Wong told Sputnik Mundo. In an interview with Sputnik Mundo, Venezuelan political analyst Ernesto Wong said that in Latin America,Continue reading “Latin America Could Turn to Russia, China in Wake of Trade Split With US”

China Seizes Opportunities in Latin America

China has big plans for Latin America—plans that seem to reflect China itself: massive and ambitious. There are plans for a $10 billion, 3,300-mile-long transcontinental railroad snaking through the jungles of the Amazon river basin and over the highest mountain range in Latin America, linking the Atlantic shore to the Pacific. There’s talk of aContinue reading “China Seizes Opportunities in Latin America”

Meet Canada’s new International Trade Minister

François-Phillippe Champagne, a lawyer who’s worked for a string of major multinationals, Champagne knows the world of global trade—but says Canadians must reap the benefits at home. Arguably the biggest promotion in today’s federal cabinet shuffle goes to François-Philippe Champagne, who vaults from parliamentary secretary to Finance Minister Bill Morneau, a supporting role just outside cabinet,Continue reading “Meet Canada’s new International Trade Minister”

Non-Tariff Barriers Can Connect Trade to Sustainable Development

In the landscape of the 2030 Agenda for Sustainable Development, trade is a means of implementation towards the Sustainable Development Goals (SDGs). The Addis Ababa Action Agenda (AAAA) on financing for development further specifies the role of trade as “an engine for inclusive growth and poverty reduction, and contributes to the promotion of sustainable development.”Continue reading “Non-Tariff Barriers Can Connect Trade to Sustainable Development”

IDB Approved Billions for Caribbean Projects in 2016

The Inter-American Development Bank (IDB) says it had provided US$11.7 billion for various projects in Latin America and the Caribbean in 2016. The Washington-based financial institution said funds were also provided by its subsidiary Inter-American Investment Corporation (IIC). “Between the IDB and the IIC, disbursements exceeded US$9.6 billion during the year, confirming the IDB Group’sContinue reading “IDB Approved Billions for Caribbean Projects in 2016”

Why China is Cosying up to Latin America

Just days after Donald Trump’s victory in the US election, President Xi Jinping (習近平) set off for Latin America – his third trip to the region since taking office in early 2013. Beijing has laid out a new road… BY CARY HUANG Beijing has laid out a new road map for its relations with LatinContinue reading “Why China is Cosying up to Latin America”